RE: wont sell mine cheaply12 Jun 2020 13:40
Frankly-the SF project is in full swing . Balcombe and brokham, where oil is present, is stuck with red tape. hopefully, we will overcome all that soon and start producing. and all this should not be very expensive. Interestingly, gas and oil prices are up. Assuming we can extract 1000 BBL a day from Belcombe and brokham, it would bring in a few million gross profit even at todays depressed prices. 2021 may bring in profits of around £4 million PA from all three projects and a valuation of £40 million plus. Lets hope for speedy success.